How FG Is Using EFCC To Chase Away Investors From Nigeria - Akwa Ibom Govt


© Stock Image.   EFCC

The Akwa Ibom State Government has hinted that the Federal Government is scaring foreign investors away with the activities of the Economic and Financial Crimes Commission (EFCC).

Commissioner for Information and Strategy, Charles Udoh, made the disclosure yesterday while addressing journalists in the state capital Uyo.

According to him, “if the EFCC witch-hunt is allowed to continue, it would work against the growth of the nation.”

He insisted that investors are likely to dump Nigeria if the anti-graft agency was continually used by the All Progressives Congress (APC)-led Federal Government as an attack tool against political opponents.

In his words: “It is the height of impunity and insensitivity for an agency of the federal government to have frozen the account of a state government without any prior notice or communication.

“Such would never have occurred if the federal government had any iota of concern about the people of Akwa Ibom State, especially the public servants whose means of livelihood they shut,” he said.

Reacting to recent claims by the agency that N1.4 billion was traced to 11 accounts belonging to the Akwa Ibom Government, Udoh declared such as false, maintaining that the agency had no valid reason for taking such step without any prior notice or communication.

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